In the three months ended December 31, 2025, AMERISAFE generated $70.06 million in gross premiums written, up 11.7% year-over-year, and reported net income of $10.4 million, down 21% from $13.2 million in Q4 2024, with diluted EPS of $0.55 versus $0.69. For the full year, gross premiums written climbed 6.7% to $313.9 million, annual net income declined 15% to $47.1 million, and return on equity reached 18.5%.

The board of directors approved a 5.1% increase in the quarterly dividend on common shares, reflecting confidence in the company’s cash flow and capital position. The higher dividend will be payable on the next scheduled distribution date to shareholders of record.

President and CEO G. Janelle Frost highlighted seven consecutive quarters of premium growth despite rate pressure and competition, but noted higher-than-expected loss severity in Q4 raised the current accident year loss ratio estimate to 72.0%. She emphasized ongoing focus on profitable underwriting through safety services, disciplined risk selection, appropriate pricing, and personalized claims management to sustain financial performance.